Average Price: Utility (Piped) Gas - 40 Therms in Seattle-Tacoma-Bellevue WA (CBSA)
APUS49D72601 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.93
Year-over-Year Change
-6.87%
Date Range
11/1/1978 - 6/1/2013
Summary
This economic trend measures the average price of utility (piped) gas for 40 therms in the Seattle-Tacoma-Bellevue metropolitan area. It provides valuable insights into the cost of a key household energy source.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Average Price: Utility (Piped) Gas - 40 Therms in Seattle-Tacoma-Bellevue WA (CBSA) trend tracks the average price that consumers pay for 40 therms of natural gas delivered through utility pipelines in the Seattle metropolitan region. This data point is important for analyzing household energy expenditures and the impact of utility costs on the local cost of living.
Methodology
The data is collected through surveys of utility companies in the Seattle-Tacoma-Bellevue area.
Historical Context
This trend is used by policymakers, economists, and market analysts to understand residential energy price dynamics and their broader economic implications.
Key Facts
- The average price for 40 therms of utility gas in Seattle was $XX.XX in the latest month.
- Utility gas prices in Seattle have increased/decreased by X% over the past year.
- Natural gas accounts for around X% of household energy expenditures in the Seattle metro area.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price that consumers pay for 40 therms of utility (piped) gas in the Seattle-Tacoma-Bellevue metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for understanding household energy costs and the impact of utility prices on the local cost of living in the Seattle region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of utility companies in the Seattle-Tacoma-Bellevue metropolitan statistical area.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this trend to analyze residential energy price dynamics and their broader economic implications.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 40 Therms in Seattle-Tacoma-Bellevue WA (CBSA) (APUS49D72601), retrieved from FRED.